Cryptocurrency Q&A
How much will I get back from ERC?
How much will I get back from ERC?
SunlitMystery
Sat Nov 09 2024
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7 answers
1472
I am wondering about the refund amount from ERC. I want to know how much money I will receive back from them.
7 answers
CryptoTitan
Sun Nov 10 2024
This translates to a maximum credit of $7,000 per quarter for each employee.
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ShintoMystery
Sun Nov 10 2024
The employee retention credit (ERC) for 2021 represents a significant financial incentive for employers.
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Bianca
Sun Nov 10 2024
It is structured as a quarterly tax credit that offsets the employer's portion of certain payroll taxes.
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JejuSunshineSoulMateWarmth
Sun Nov 10 2024
Over the course of the year, the potential credit can reach up to $28,000 per employee.
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SejongWisdom
Sun Nov 10 2024
The credit amount is calculated based on a percentage of the wages paid to each employee.
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